Wednesday, September 19, 2012

NZD/USD intraday: rebound.


Pivot: 0.8235
Our preference: Long positions above 0.8235 with targets @ 0.832 & 0.8355 in extension.
Alternative scenario: Below 0.8235 look for further downside with 0.8185 & 0.8135 as targets.
Comment: the pair is on the upside and is challenging its intermediary resistance.

USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...